TechFlow news: Animoca Brands released key unaudited financial and business highlights for the 2022 fiscal year.
The report covers the company's key business units, including The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games, REVV Motorsport, TOWER, Quidd, Lympo, and Forj (formerly Bondly), as well as Web3 services revenue from portfolio investments and partnerships.
Key financial highlights as of December 31, 2022 (non-IFRS measures):
-
Total bookings reached AUD 594 million as of December 31, 2022, representing a 38% increase compared to the previous year.
-
Cash and stablecoin balance amounted to AUD 286 million.
-
Liquid digital assets totaled AUD 690 million, including reserves of The Sandbox platform’s utility token SAND.
-
The company holds a portfolio of minority equity investments in over 380 companies.
In addition, during 2022, the company conducted fundraising activities, acquired six companies, launched new business lines, and appointed new executive personnel. Animoca Brands also plans to host an investor day event in Sydney on September 11, 2023.
